AFRIKANA LEICESTER LTD

AFRIKANA LEICESTER LTD

AFRIKANA LEICESTER LTD - Company Information

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1 January 2021 false No description of principal activity Taxfiler 2022.8.3 12342003business:PrivateLimitedCompanyLtd2021-01-012021-12-31 123420032020-12-31 123420032021-01-012021-12-31 12342003business:AuditExempt-NoAccountantsReport2021-01-012021-12-31 12342003business:FullAccounts2021-01-012021-12-31 123420032021-12-31 12342003business:Director12021-01-012021-12-31 12342003business:RegisteredOffice2021-01-012021-12-31 123420032020-12-31 12342003core:WithinOneYear2021-12-31 12342003core:WithinOneYear2020-12-31 12342003core:AfterOneYear2021-12-31 12342003core:AfterOneYear2020-12-31 12342003core:ShareCapital2021-12-31 12342003core:ShareCapital2020-12-31 12342003core:RetainedEarningsAccumulatedLosses2021-12-31 12342003core:RetainedEarningsAccumulatedLosses2020-12-31 12342003business:SmallEntities2021-01-012021-12-31 12342003countries:EnglandWales2021-01-012021-12-31 12342003core:PlantMachinery2021-01-012021-12-31 12342003core:OtherPropertyPlantEquipment2021-01-012021-12-31 12342003core:IntangibleAssetsOtherThanGoodwill2020-12-31 12342003core:IntangibleAssetsOtherThanGoodwill2021-12-31 12342003core:IntangibleAssetsOtherThanGoodwill2021-01-012021-12-31 12342003core:PlantMachinery2020-12-31 12342003core:FurnitureFittings2020-12-31 12342003core:FurnitureFittings2021-01-012021-12-31 12342003core:PlantMachinery2021-12-31 12342003core:FurnitureFittings2021-12-31 123420032019-12-022020-12-31 iso4217:GBP xbrli:pure
Company Registration No. 12342003 (England and Wales)
AFRIKANA LEICESTER LTD Unaudited accounts for the year ended 31 December 2021
AFRIKANA LEICESTER LTD Unaudited accounts Contents
Page
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AFRIKANA LEICESTER LTD Company Information for the year ended 31 December 2021
Director
Nazakat KHAN
Company Number
12342003 (England and Wales)
Registered Office
5 APPLEDORE TERRACE WALSALL WS5 3DU ENGLAND
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AFRIKANA LEICESTER LTD Statement of financial position as at 31 December 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
12,644 
14,875 
Tangible assets
5
205,118 
5,100 
217,762 
19,975 
Current assets
Cash at bank and in hand
2,634 
74,580 
Creditors: amounts falling due within one year
6
(69,529)
16,205 
Net current (liabilities)/assets
(66,895)
90,785 
Total assets less current liabilities
150,867 
110,760 
Creditors: amounts falling due after more than one year
7
(350,597)
(241,334)
Net liabilities
(199,730)
(130,574)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(199,732)
(130,576)
Shareholders' funds
(199,730)
(130,574)
For the year ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 September 2022 and were signed on its behalf by
Nazakat KHAN Director Company Registration No. 12342003
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AFRIKANA LEICESTER LTD Notes to the Accounts for the year ended 31 December 2021
1
Statutory information
AFRIKANA LEICESTER LTD is a private company, limited by shares, registered in England and Wales, registration number 12342003. The registered office is 5 APPLEDORE TERRACE, WALSALL, WS5 3DU, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15%
Other tangible fixed assets
15%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2021
17,500 
At 31 December 2021
17,500 
Amortisation
At 1 January 2021
2,625 
Charge for the year
2,231 
At 31 December 2021
4,856 
Net book value
At 31 December 2021
12,644 
At 31 December 2020
14,875 
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AFRIKANA LEICESTER LTD Notes to the Accounts for the year ended 31 December 2021
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2021
6,000 
- 
6,000 
Additions
- 
236,215 
236,215 
At 31 December 2021
6,000 
236,215 
242,215 
Depreciation
At 1 January 2021
900 
- 
900 
Charge for the year
765 
35,432 
36,197 
At 31 December 2021
1,665 
35,432 
37,097 
Net book value
At 31 December 2021
4,335 
200,783 
205,118 
At 31 December 2020
5,100 
- 
5,100 
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
15,667 
(19,085)
Taxes and social security
13,322 
- 
Other creditors
38,620 
- 
Accruals
1,920 
2,880 
69,529 
(16,205)
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
61,804 
97,150 
Loans from directors
288,793 
144,184 
350,597 
241,334 
8
Average number of employees
During the year the average number of employees was 55 (2020: 0).
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